Utilities Drop in Mixed Trade

Updated May 4, 1999 3:24 p.m. ET

FRANKFURT -- German shares closed mixed Tuesday, as utilities suffered a bout of selling and SGL Carbon soared on a double-dose of positive news.

The Xetra DAX, which tracks electronic trading, fell 5.82 points, or 0.1%, to end at 5377.40 while the DAX index of floor trading, which ends earlier, edged up 5.65 points, or 0.1%, to 5383.21. In all, 18 shares lost ground, while 10 gained in low-volume trading.